Monte Carlo Simulation Presentation
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For this assignment, consider the following scenario:
Your current place of employment has tasked you to investigate how Monte Carlo Simulation could be implemented and to prepare a presentation with examples. (If you would like, you might also consider another company, but preferably you should choose your current company).
Develop a presentation addressing the following:
o Describe the company environment
o Explain how Monte Carlo simulation might be utilized at the organization
o Provide 2 solid examples
o Pick 1 of your examples and go into more detail. Some things to consider might be:
o Explain what would go into the model
o How would you set it up in Excel? What Excel functions might be needed
o What information is needed? For example, what distributional shapes would characterize certain variables? etc.
o Basically, you should try to explain how you do the analysis without actually having to do it.
o Let's say the analysis was actually performed. How can management use these results? How would it benefit the company?
Guidelines:
o Your power point presentation should be 10-12 slides not including title and reference slides. Your slides should be eye-pleasing, professional, and concise.
Provide citations in APA format for all references used.